Ten lessons from the 2014 Italian spending review
Journal title ECONOMIA PUBBLICA
Author/s Carlo Cottarelli
Publishing Year 2015 Issue 2015/1
Language Italian Pages 10 P. 177-186 File size 123 KB
DOI 10.3280/EP2015-001008
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This paper discusses ten lessons for future spending reviews based on the experience of the 2014 Italian spending review. Among other things, it underscores the importance of a clear top down component, of transparency, of outreach, of avoiding equal cuts to spending units that differ in terms of efficiency level, and, of course, of political support, as spending cut decisions are ultimately political decision, given their impact on resource allocation and income distribution.
Keywords: Spending review, public spending, public financial management
Jel codes: H50, H61
Carlo Cottarelli, Ten lessons from the 2014 Italian spending review in "ECONOMIA PUBBLICA " 1/2015, pp 177-186, DOI: 10.3280/EP2015-001008